A breathtaking new price increase is coming….
Price increases for more than two years Azerbaijan is the main topic of discussion in the economy. In food prices, which play a major role in the expenditures of the population rise in priceaccording to official figures 20 percent. All utility payments, fuel for the last 1 year prices and almost all duties have increased significantly. Contrary to their traditional rhetoric, government officials do not deny the rise in prices, saying that inflation is sharp. It seems that in the coming period we will see a rise in prices in various areas.
These days car New increases have also been announced in the field of insurance. in Azerbaijan car The increase in tariffs for compulsory civil liability insurance of owners is on the agenda. Social It is clear from the network and the press that some insurance companies are already refusing to insure those who apply to them, assuming that the compulsory car insurance rates will be increased, simply saying that the program does not work. Azerbaijan Executive Director of the Insurers Association Elmar Mirsalayev made a statement to the media on this issue.
He said that recently it has become relevant and everyone car Serious work is being done on this issue, which concerns the owner:
“Currently, we can note that the relevant changes in tariffs will mainly apply to the harmful segment, or more precisely, to drivers who have registered more accidents in the history of the accident. This change will not affect responsible drivers. We can share more detailed information in the next course of the process. “
The Bureau of Compulsory Insurance stated in a statement on the same issue that Of Azerbaijan It is planned to apply the method of calculating risk-based insurance premiums in the insurance sector:
The Bureau of Compulsory Insurance stated in a statement on the same issue that Of Azerbaijan It is planned to apply the method of calculating risk-based insurance premiums in the insurance sector:
“After the application of this method, when calculating the insurance premium, statistics on the date of manufacture of the vehicle, the age of the driver, experience or the location of the accident will be taken into account. Thus, the transition to the method of calculating risk-based insurance premiums can lead to a fair emergence of insurance premiums, as well as a positive dynamics in the collection of general insurance premiums.
Buying goods from foreign online stores tax will pay?
In recent years, the population of Azerbaijan has begun to buy more special clothing products from foreign sites. The increase in the number of foreign companies and the relatively low prices have increased the interest in foreign sites. State Customs This conclusion is also drawn from the official figures of the commission. The value of products brought to the country by individuals is constantly growing.
If in 2017 the total value of goods imported by individuals is 370 million dollars If so, in 2021 this figure is 1 billion It has risen to $ 393 million, an increase of about four times in four years. The share of imports of individuals in total imports also increased from 5% to 12%.
Last year Azerbaijan total 11 billion 706 million dollars carried out imports worth. The private sector accounted for 78 percent of those imports. 10 Percentage was implemented by the public sector, 12 percent by individuals.
Although the $ 300 limit was introduced, the increase was significant. After all, 2020In 2006, a decision was made to pay a fee if the value of goods and products imported by a citizen for a month exceeded $ 300.
Graph: The value of products imported by individuals in 2016-2021
The recent announcement by the Small and Medium Business Development Agency (SMBDA) of a meeting with the Azerbaijan Retail Clothing Importers Association (AFRA) shows that the government is committed to purchasing goods from foreign online stores. tax and reviews the application of duties.
A statement issued on the official website of KOBIA states that “During the meeting, tax In order to prepare proposals on possible changes in the legislation on the application of duties, the sides exchanged views on taking into account the interests of consumers, as well as expanding cooperation between SME and the association.